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Spine and Brain Solution

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Financial year 2025 · closed on 30/09/2025
Net result
152,8 k €
+2.5% YoY
Gross margin
222,6 k €
-13.7% YoY
Equity
603,5 k €
+33.9% YoY

What does Spine and Brain Solution do?

Spine and Brain Solution is a Private limited company incorporated in 2015. Its main activity is: Specialist medical practice activities. Its registered office is in Fléron.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0627.962.162
Incorporation
07/04/2015
Legal form
Private limited company
Registered office
Rue du Vallon 11
4624 Fléron · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
86220Specialist medical practice activities· main86220Specialist medical practice activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920172016
Income statement
Gross margin222,6 k €257,8 k €328,5 k €377,8 k €264,8 k €320,8 k €488,9 k €189,9 k €544,5 k €
EBITDA221,6 k €253,4 k €317,7 k €380,2 k €246,8 k €285,8 k €412,7 k €153,2 k €494 k €
Operating result183,6 k €184,3 k €252,6 k €315,6 k €184,8 k €219,4 k €286,6 k €79,7 k €361,8 k €
Net result152,8 k €149,1 k €196,5 k €266,7 k €178,1 k €169,8 k €226,4 k €49,8 k €265,7 k €
Balance sheet
Equity603,5 k €450,7 k €301,6 k €505,2 k €638,5 k €510,3 k €440,6 k €214,2 k €164,3 k €
Total assets919,4 k €779,9 k €874,6 k €1 M €939,1 k €994 k €891,4 k €827,1 k €807 k €
Cash7 k €5,5 k €5,3 k €210,9 €8,2 k €17,6 k €7,7 k €19,2 k €43,6 k €
Debts315,9 k €329,2 k €572,9 k €528,7 k €300,7 k €483,7 k €450,8 k €613 k €642,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active

Active mandates

Frédéric COLLIGNON

Manager

Active
At this address

Other companies at this address

CompanyCBE no.
COLLIMMO● Active
0627.960.380
HACO ALLIANCE● Active
0799.802.513
RAPH COLLIGNON● Active
1028.812.583
RAPH TENNIS EVOLUTION● Active
0759.683.709
Unité TVA Spine and Brain● Active
0793.280.054
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202606/05/202530/04/202402/05/202321/04/202230/04/2021
General meeting28/05/202630/04/202530/04/202430/04/202320/04/202229/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202528/05/202629/05/2026FrenchPDF
Abridged model30/09/202430/04/202506/05/2025FrenchPDF
Abridged model30/09/202330/04/202430/04/2024FrenchPDF
Abridged model30/09/202230/04/202302/05/2023FrenchPDF
Abridged model30/09/202120/04/202221/04/2022FrenchPDF
Micro model30/09/202029/04/202130/04/2021FrenchPDF
Micro model30/09/201927/03/202027/05/2020FrenchPDF
Micro model31/12/201725/09/201830/10/2018FrenchPDF
Abridged model31/12/201630/06/201729/09/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active

Active mandates

Frédéric COLLIGNON

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/02/2021
    MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other18/01/2019
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Other09/04/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025152,8 k €↑
  2. 2024
    Annual accounts 2024149,1 k €↓
  3. 2023
    Annual accounts 2023196,5 k €↓
  4. 2022
    Annual accounts 2022266,7 k €↑
  5. 2021
    Annual accounts 2021178,1 k €↑
  6. 2020
    Annual accounts 2020169,8 k €↓
  7. 2019
    Annual accounts 2019226,4 k €↑
  8. 2017
    Annual accounts 201749,8 k €↓
  9. 2016
    Annual accounts 2016265,7 k €
  10. 07/04/2015
    IncorporationPrivate limited company